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SCANA: The Challenges Continue to Mount

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Part 4
SCANA: The Challenges Continue to Mount PART 4 OF 4

SCANA: What Are Analysts’ Recommendations?

Analysts’ recommendations

According to Wall Street analysts’ estimates, SCANA (SCG) stock has a mean target price of $60.72—compared to its current market price of $51.22. It implies an estimated upside of 18.5% going forward.

Among the ten analysts tracking SCANA, one analyst recommended a “strong buy,” one recommended a “buy,” six recommended a“hold,” one recommended a “strong sell,” and one recommended a “sell” as of September 28, 2017.

SCANA: What Are Analysts&#8217; Recommendations?

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Southern Company (SO) has a mean target price of $51.41—compared to its current market price of $48.52. It indicates an implied gain of 6% going forward.

Duke Energy (DUK) stock has an estimated upside of 2.5% going forward. It has a mean target price of $86.0—compared to its current market price of $83.94.

Outlook

The challenges continue to mount for SCANA—the abandoned V.C. Summer nuclear power plant, its rate recovery, and the criminal investigation. Uncertainty is peaking every day, which might bully SCANA stock in the near future.

If you’re actively seeking top dividend yielding stocks, read Sector Scan: The 10 Top-Yielding SPX Utility Stocks to learn more.

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